RATE Group | Bitcoin bulls gets ready for a revenge; Huobi Token is on fire
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Bitcoin bulls gets ready for a revenge; Huobi Token is on fire

29 Feb Bitcoin bulls gets ready for a revenge; Huobi Token is on fire

Posted at 11:25h in Bitcoin News by

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  • All major coins are rangebound during Asian hours on Saturday.
  • Huobi Token is the best-performer with 16% gains on a daily basis.

The cryptocurrency market has calmed down after a volatile week. Bitcoin and all major altcoins have been rangebound during early Asian hours on Saturday amid shrinking volatility. The total market capitalization has reached $250 billion. The average daily trading volumes climbed to $158 billion, while Bitcoin’s dominance settled at 63.7%. 

Top-3 coins price overview:

Bitcoin has recovered from Friday’s low of $8,431 to $8,760 by the time of writing. The first cryptocurrency stayed unchanged both on a day-to-day basis and since the beginning of the day; however, the expanding short-term volatility may result in strong movements later during the day.

Ethereum attempts to develop the recovery after the volatile end of the week. At the time of writing, ETH/USD is changing hands at $230.00, off the recent low reached at…

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